Taxable Entity

AFOGNAK NATIVE CORP

Job Title

Project Finance Analyst I

Location

AL Huntsville Corporate - Huntsville, AL 35806 US (Primary)

Category

Accounting and Finance

Job Type

Full-time

Typical Pay/Range

$60,000 to $70,000 Annually

Education

Bachelor's Degree

Travel

None

Security Clearance Required: None

POSITION OVERVIEW AND PRIMARY DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS):

Afognak Native Corporation has an opening for a Project Finance Analyst I (PFA I). The PFA I is responsible for executing business processes related to accounting, planning, estimating, tracking, analysis, budgeting, and reporting throughout the life cycle of a portfolio of Federal fixed-price contracts and task orders as assigned. Duties include:

• Utilizing government contracting and accounting knowledge to complete reviews and analysis of government contracts.
• Setting up projects in the accounting system using contract documents
• Coordinating with project team to produce financial deliverables for both internal and external use.
• Processing revenue recognition and subcontract accruals for assigned projects.
• Providing cost and schedule updates.

The PFA I interacts with and provides direct support to management and other project team members and advises project management on financial matters related to the execution of contracts and task orders. Specific assignment will include monitoring project cost in conjunction with schedule performance and performing related analyses. The employee also provides input for management review presentations and participates in proposal preparation, interfaces with members of Corporate Finance and Accounting, Contracts, Pricing, and Procurement consultants, and subsidiary management at all levels. The PFA I will work in both virtual and office team environments.

Planning and Project Setup:The PFA I is required to:

• Forecast the planned costs throughout a period of performance.
• Determine appropriate project setup related to assigned contract based on their type and structure including proper billing and revenue terms.
• Ensure that project set-ups and modifications are accurately entered in Deltek CostPoint (ERP).
• Estimating and Tracking: The PFA I may be required to provide cost estimates and actual costs for Task Orders, Option Periods, Travel, and/or ODCs for entire contract period of performance

Analysis: The PFA I is required to provide analysis of assigned projects and/or task orders. In so doing, the PFA I:

• Utilizes knowledge and training to analyze contracts to determine appropriate revenue recognition related to generally accepted accounting principles.
• Works with Operations regarding cost analysis requests and provides feedback and suggestions.
  • Funding availability
  • Allowance of costs
• Prepares and processes billing for assigned projects.
• Reviews monthly Project Status Reports.
• Reviews subcontractor/vendor invoices and accepts or rejects.
• Reviews and prepares month-end journal entries related to subcontracts and ODC accruals and analyzes results after posting.
• Prepares, analyzes, and/or reviews, project costs and variance reporting for assigned projects.
• Assists, supports and trouble shoots Accounts Payable, Billing, Payroll and Procurement project/account errors.
• Reconciles unbilled PSR/GL monthly and communicate discrepancies to management.
• Review all direct project purchase card statements in Concur after cardholders have reconciled and before Supervisor approval to ensure proper coding and adequate supporting receipts and documentation are provided.

Reporting: The PFA I ensures that the analysis and corrective action suggestions (if necessary) are reported appropriately.

• Effectively communicates financial results with project managers (PM) and other stakeholders regarding contract documentation, financial results, and ensures senior leadership are aware of risks and opportunities identified during project financial tracking, revenue recognition review, Accounts Receivable, WIP, etc.

Budgeting: The PFA I may also be responsible for budgeting for assigned projects for the annual corporate budget. When tasked, the PFA I:

• Creates calendar year project budget based on trends / backlog value and coordinates the budget with the Project Management Team.
• Submits the PM approved budget to the Director of Budgeting for inclusion into the annual corporate budget.

Customer Requirements: The PFA I responds to a wide variety of customer requirements and request to include, but not limited to the following:

• Interacts with other departments, such as Contracts, Project Management, and Business Unit Leads regarding project related issues.
• Provides input for contract required Contract Data Requirements Lists (CDRLs)

Internal Interface:

• Corporate Finance:
  • Provides explanations regarding revenue variances from month to month.
  • Provides required documentation to initiate labor corrections / accounts payable reclassifications.
  • Communicates with Accounts Payable to ensure that subcontractors / vendors are paid timely.
  • Reviews of TERs for accuracy prior to submittal to Accounts Payable for payment.
• Contracts Management Consultants:
  • Reviews contracts / task orders / modifications for accuracy and communicates any necessary changes.
  • Processes Purchase Requisitions for new projects / modification changes.
  • Reviews Purchase Orders for accuracy and communicates necessary changes.
• Pricing Consultants:
  • Provides past performance information to the Bid & Proposal department.
• Corporate Human Resources:
  • Coordinates with HR for new project / new employee set-up (as needed).
• Operations Senior Management:
  • Provides operations management information on under-performing projects with variance explanations and corrective action suggestions.
  • Provides senior leadership with guidance on process improvements.

Other Duties: As assigned.

Payrate:$60,000 to $70,000 Annually

REQUIRED QUALIFICATIONS AND EXPERIENCE:

• 0 - 3 Years in Project Accounting and Control or Related Accounting Field
• Knowledge of general accepted accounting practices (GAAP) preferred.
• General understanding of Federal fixed-price contracts preferred.
• Government contract accounting experience preferred.
• Bachelor's degree in business administration, program management, accounting, or an appropriate related discipline (additional experience may be substituted in lieu of a degree).
• Technology experience:
  • Experience with Microsoft Office Suites, particularly Excel, as well as other database software is required.
  • Experience with Deltek CostPoint preferred.
• Desired Attributes:
  • Strong analytical and problem-solving skills.
  • Good communication skills that include communicating with tact and diplomacy.
  • Proven ability to work as a team player.
  • Proven ability to meet deadlines and handle stressful situations.
  • Ability to work independently and be self-motivated and proactive.
• Must be able to obtain a federal security clearance.

Afognak Native Corporation, Afognak Commercial Group, LLC, and their subsidiaries are equal opportunity employers. Qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and related medical conditions), gender expression or gender identity (including transgender status), sexual orientation, marital status, military and veteran status, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws ("protected status").

The pay range information provided is a general guideline. The pay rate offered will be determined based on the candidate's experience and qualifications, as well as geographic locations, market data, and other business considerations, as permitted by law.

Our full range of benefits include medical, dental, vision, disability protection, life insurance, prescription coverage, voluntary benefits, paid leave, and 401(k) retirement. Positions covered by the McNamara O'Hara Service Contract Act (SCA), Davis-Bacon Act (DBA), or a Collective Bargaining Agreement (CBA), or Fair Labor Standards Act (FLSA) will comply with the statute or CBA requirements as well as other client-customer contract requirements (all benefits are subject to eligibility requirements). For more information, please visit our Company's Career page.